Markets & Finance

US technology giant Microsoft has signed virtual power purchase agreements (VPPAs) for 389MW of solar capacity with EDP Renewables.

Auction prices awarded ranged from €0.0388/kWh to €0.0495/kWh, with an average volume-weighted price awarded at €0.0476/kWh.

AEMO has said that, at the end of 2024, the connections pipeline for Australia's NEM stood at 49.6GW, up 36% year-on-year.

A broad coalition of US energy companies and groups have called for clean energy tax credit support in the US, amidst Trump's recent executive orders.

Factors including import duties and changing tax rates in China have driven up US module prices, according to CEA's latest pricing report.

Former Borrego Solar president of engineering, procurement and construction (EPC) Brian Barker has launched a new EPC, dubbed Aquila Energy.

Three investments into the US community solar sector paint a picture of a fast-growing sector being targeted by private asset managers.

The deal was signed with the Energize programme, a renewable energy purchasing vehicle for pharmeceutical companies.

The levelised cost of electricity (LCOE) for a number of clean power industries will fall by between 2-11% year-on-year by the end of 2025.

Solar module prices in Europe have risen after months of decline, driven by price increases from Chinese manufacturers and a tight supply of popular modules in the European market.